Jason Mercer, Toronto Real Estate Board Senior Manager of Market Analysis, has recently offered his views on the state of the housing market in the Greater Toronto Area.
Despite stricter mortgage lending guidelines and an increase in borrowing costs, the market in the GTA has remained very strong and is expected to continue into 2014.
Mercer explains 4 key points in his video:
- Home ownership remains affordable
- Home sales will remain strong
- Market conditions will remain tight
- Home price growth will continue
This update is thorough and very interesting to anyone considering buying or selling real estate in the upcoming months.
Thanks very much for reading. As always, if you would like to discuss your current real estate situation, I would love to offer my expert knowledge of the Oakville and Burlington markets. I will also show you how my exceptional marketing plan will help you get more money for your home and also make it sell faster. You can reach me at 905 845 9180, or by email at firstname.lastname@example.org.
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